New Delhi, November 16, 2007: NIIT, Asia’s No. 1 trainer and
leading Global Talent Development Corporation, today announced its partnership
with one of the leading public sector banks in India—The Oriental Bank of
Commerce—to offer loan facilities to students joining NIIT programs of studies.
As part of the agreement, Oriental Bank of Commerce will provide
financial assistance to NIIT students, in the form of educational loans of up to
Rs 1.24 lacs per student.
The Oriental Bank of Commerce’ Educational
Loan facility is being offered to NIIT students enrolling for IT career programs
of over 1 year duration, including the flagship GNIIT program, as well as the
NIIT Edgeineers series.
The Loan will be sanctioned as per the
Educational Loan Scheme of Oriental Bank of Commerce which offers easy terms
& conditions and affordable EMIs, for eligible candidates. The Loan also
comes with a Free Personal Accident Insurance of upto Rs.15 lac from the
Bank.
According to Mr. Allen C.A. Pereira, Executive Director, Oriental
Bank of Commerce,
“As part of its endeavor to participate in the
national effort to build skills for future growth, the Bank has tied up with
NIIT for offering loans to students desirous of enrolling for its IT training
programs. Oriental Bank has also partnered with NIIT Imperia for extending
Education Loans to working executives who wish to pursue executive management
courses from institutes such as the IIMs, through Imperia”.In
addition to the loan facility for students of NIIT’s IT career programs, the
Bank is also offering loan of up to Rs. 2 lacs to students, for executive
management programs from NIIT Imperia.
Oriental Bank of Commerce has
been pro-active in extending Education Loans to the students pursuing higher
studies in India & Abroad, at affordable rates of interest. The Bank is
allowing special concession in the rate of interest to women beneficiaries,
SC/ST and physically challenged. The Bank has so far assisted 23275 students for
pursuing higher education—technical/professional through education loans. The
bank is providing free personal accident insurance up to Rs. 15 lac to each
student who avails of the educational loan in order to mitigate the risks.
According to Mr. G. Raghavan, President, Global Individual Learning
Business, NIIT,
“NIIT is committed to enriching the student experience
across its network of education centres, globally. Our partnership with the
Oriental Bank of Commerce will enable thousands of students from economically
challenged background to avail the best IT education.”NIIT has
the most comprehensive portfolio of IT training programs that are customized to
suit different training needs of individuals, ranging from basic IT literacy, to
IT career programs such as the multiple track GNIIT program, AAE and IAE
program, to modular and advanced training programs in the Infrastructue
Management Space.
About NIIT
NIIT, Asia’s No. 1 trainer and leading Global Talent Development
Corporation, offers learning and knowledge solutions to 5 million students
across 32 countries.
Leading IT magazine Dataquest has conferred upon NIIT, the Top IT Training
Company Award 2006. Rated among India’s Superbrands (2003-05), NIIT’s Individual
Learning Business offerings include: Industry-endorsed programs for students
seeking careers in IT: GNIIT, Integrated ANIIT for Engineers (IAE) and Advanced
Technology Programs for IT professionals.
For working professionals, NIIT Imperia, Centre for Advanced
Learning, offers Executive Management Education Programmes in
association with Indian Institutes of Management (IIMs) at Ahmedabad, Indore and
Kolkata.
NIIT Institute of Finance Banking & Insurance (IFBI),
formed with equity participation from ICICI Bank, offers programs to develop
talent for the banking industry.
NIIT offers turnkey IT integration program for schools. NIIT has provided
computer-based learning to over 5000 government and private schools.
NIIT’s Corporate Learning Solutions, offers integrated learning solutions
(including strategic consulting, learning design, content development, delivery,
technology, assessment and learning management) to Fortune 500 companies,
Universities, Technology companies, Training corporations and Publishing
houses.
Element K delivers learning solutions for customers and
partners through a tailored combination of catalog learning products,
technology, and services. The offerings include: vLab®:
hands-on labs, instructor-led courseware, comprehensive e-reference
libraries, technical journals, and KnowledgeHub™: hosted
learning management platform.
NIIT together with Element K is now the first and the best choice
for comprehensive learning solutions, worldwide.
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